The Government has decided to create a new credit line for the tourism industry to help companies that organise events. The new line of finance, aimed particularly at small and medium sized [...]

The Portuguese Supreme Administrative Court has thrown out an injunction aimed at stopping former Finance minister Mário Centeno from taking up the governorship of the Bank of Portugal. It means [...]

Car production in Portugal has recovered to 80% of pre-Covid levels by this month despite having been down by 36.2% for the first half of 2020. Some 22,943 heavy and light vehicles were [...]

The former chairman of Banco Espírito Santo, Ricardo Salgado and his right-hand man Amílcar Pires are to go to trial along with 23 other legal suspects on varying charges of capital laundering, [...]

One of Portugal’s oldest civic associations, which debates questions surrounding the economy, has launched a reindustrialisation manifesto aimed at saving Portugal’s economy. SEDES (The [...]

If Novo Banco exhausts its cash limit with the Resolution Fund and fails to get further investment from the US vulture fund Lone Star it could face nationalisation. At present, Novo Banco, which [...]

Portuguese banker António Horta-Osório, who will quit his post leading Lloyds bank in London in 2021, has not ruled out returning to Portugal. “My professional future is totally open and [...]

Portugal’s Public Ministry is to accuse ex-banker Ricardo Salgado of leading a criminal organisation within Banco Espírito Santo, the bank he ran for over 20 years until it collapsed in 2014. [...]

Ambition and vision are needed to transform cities like Lisbon into population centres that emotionally and psychologically engage with its inhabitants on all levels: culturally, socially, [...]

Portuguese state coffers have lost nearly €600 million in corporation tax revenues because of multinationals operating in Portugal reporting their profits in both onshore and offshore tax havens. [...]